1view

$399,000

8642 San Leandro Drive, Dallas, TX, 75218

Off Market

0 Bath

932 Sq Ft

Highlights

Interior

Bathrooms Full 1

Indoor Fireplace

Heating Central

Cooling

Exterior

Lot Size8,029 sqft

Building Information

Year Built1938

Stories1

Roof Type105

Land Information

APN00000370129000000

Lot Number19

SubdivisionLakeland Terrace

Land UseResidential

Legal DescriptionLAKELAND TERRACE BLK 16/5243 LT 19 CO-DALLAS 5243 016 019 3005243 016

Census Tract008102

Assessed Land Value$350,000

Assessed Improvement Value$128,470

Assessment Year2025

About this property

Prime 50x160 lot located in the heart of Little Forest Hills, offering an excellent opportunity for new construction. The rectangular footprint provides flexibility for a thoughtful build and is currently zoned single family. Ideally located just minutes from White Rock Lake, the Arboretum, and everyday conveniences, offering a rare opportunity to build in a highly desirable East Dallas location.

Investor Tools

$478,470

Estimated Property Value

$0Estimated Mortgage Balance

$478,470Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,871 /month

Positive

Cash Flow Estimate:

$957 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$467/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,216

$478,470

2025

$350,000

$128,470

$478,470

No

Tax History

Year

Tax Paid

Assessed Value

2024

$3,216

$478,470

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$478,470

100%

0%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,650/mo

N/A

+$1,650/mo

4.1%

Learn About the Market: Opportunity in Dallas

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Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

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